#Energy prices
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New research reveals that the UK has the highest electricity bills. Brits pay more for their power than anywhere else on the planet.
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AOC Pushes Her New Plan For Free Electricity
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Didn’t someone post this as a piss take on here a couple of days ago? And yet now we’re here.
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It really does feel that everything is falling apart here.
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youtube
The more you know!
🥵🤬🤬
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“The increase in the price of electricity will not affect the poorest. Their electricity has already been cut off.”
― Ljupka Cvetanova, Yet Another New Land
The energy suppliers of Britain, we are told, are “owed” £3 billion in unpaid bills. Ofgem, the energy watchdog - working “to protect energy consumers” – has therefore decided that those of us who are paying our energy bills should be charged an extra £16 pear year on top or our regular bills in order to help suppliers recoup their losses.
£16 isn’t very much, but it is the principle rather than the cost which is deeply concerning. End Fuel Poverty Coalition coordinator Simon Francis had this to say:
“This outrageous tax on energy consumers is simply not fair... Energy suppliers have posted billions in profits already this year while millions of people struggle in cold damp homes. The record levels of energy debt are due to Britain’s broken energy system, not the fault of the hard-pressed public.” (Guardian: 15/12/23)
It is a very strange logic that demands customers pay off a companies debts when they supposedly make a loss but refuse to share dividends when in profit.
EDF, for example made a profit of £1.12 billion for the period 2022/23. Shell, not only a producer of gas and oil but also a domestic supplier of energy, made an overall company profit of £32.2billion in 2022. Is it too much to ask that any loss they may have made selling domestic energy be off-set against their massive global profits? Why are we subsidising the shareholders of such a hugely successful company? Meanwhile hard hit Centrica, owners of British Gas, only made £3.3 billion in profits for the year 2022. They obviously need our help!
Even the minnows of the energy supply industry made money. Octopus Energy Group made a profit of 1.6% ( £203 million) according to its own published results, with revenues tripling from “ £4bn to £13 billion”.
Have we all fallen down the rabbit hole? When did it become acceptable for the paying public to make up the “losses” of private enterprise, especially when the overall arm of those enterprises are making billions in profit? The world just gets curiouser and curiouser.
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#putin war#politics#ukraine war#russo ukrainian war#war in ukraine#stop russia#stop putin#stop russian aggression#gas prices#food prices#energy prices#russia war
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How’s Capitalism Doing?
Cost of living crisis.
Energy crisis.
Housing crisis.
Rental crisis.
Stagnant wages.
Record profits & CEO bonuses.
Rampant inflation.
Ecological collapse.
Climate change.
DNI:
“UWU Biden”; It’s fucking everywhere else fuckwit!
“Capitalism works by X”; Yes! I fucking know…that’s the fecking problem!
“Ukraine”; Fecking yeah buddy. Probably should’ve sorted out our energy independence like four decades ago when the experts were telling us to. Who the fuck did you vote for?!?
P.S: I’m not advocating any fucking ideology at fucking all, just look at my url. But I’m also not being paid a fuck ton of money to decide political/economic policies that repeatedly make everyone’s lives worse. Please…give me sackfulls of money to make everything worse.
#cost of living crisis#fuel prices#energy prices#housing crisis#rental crisis#stagnant wages#runaway inflation#ecological crisis#climate change#record profits#ceo bonuses#capitalism#anti capitalism
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When I think about...
...how some work colleagues leave the toilet, I don't want to be invited to their place for dinner.
...how the Taliban are banishing their women step by step back to the Middle Ages, I almost wish "Operation Enduring Freedom" back.
...how far artificial intelligence has already come, I understand why so few seem to attach importance to human intelligence.
...how many children still have no access to education, I am annoyed by parents who get upset when one single lesson is to be cancelled.
...how the right-wing populist "Alternative for Germany" manages to get back to 14-15% after every down, I wish "The Left" would return as a protest party.
...how consumer prices for electricity and gas are still rising, even though purchase prices have dropped significantly, I am afraid for my wallet.
...how the German minister of transport clings to combustion cars, I understand "Last Generation" and "Extinction Rebellion" better and better.
...how Europeans can be upset that the U.S. is so dominant, but at the same time not dare to lead for reasons of political hygiene, I find that pathetic.
...how many e.g. South American countries still refuse to see Russia as an aggressor, it makes me angry that morality and human rights still count less than economic and geostrategic interests.
...the way the government spends money on explaining its policies in advertisements and commercials because the editorial treatment gets too complex, I question the people's media literacy.
#thoughts#aperçu#not funny#angry#thinking about#work colleagues#operation enduring freedom#artificial intelligence#Alternative for Germany#the left#taliban#womens rights#energy prices#last generation#extinction rebellion#combustion#politics#russian aggression#morality#human rights#media literacy#united states#electricity#natural gas#education#human intelligence#germany#south america#government spending#europe
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#rising cost of living#cost of living crisis#cost of living in uk#funny#funny memes#the simsons#mr burns#british gas#energy prices#cost of energy#cost of gas
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The right is attempting to change the meaning of the word "competition" in relation to business in Ireland, specifically in the energy sector. It's the snap back response to questions about why energy prices cannot be capped and reduced, that answer being "competitive prices. All energy companies must charge the same".
Now, I studied business in secondary school. I know what competition for businesses is meant to be when it comes to capitalism. This isn't competition, this is a monopoly. This is price fixing. And I thought this was illegal.
#Ireland#irish politics#capitalism#energy prices#energy companies#price gouging#monopoly#competition#definitions#narrative control
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"What energy crisis?"
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